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L3Harris Technologies LHX Contract Assets
Contract Assets at other companies
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Where this comes from
Reported directly by L3Harris Technologies in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.
The source filing: L3Harris Technologies’s 10-Q, filed July 30, 2026.
- Filed
- Jul 30, 2026, 9:06 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q3 2026
- Accession
- 0000202058-26-000058
| (In millions, except par value) | July 3, 2026 | January 2, 2026 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $1,521 | $1,069 |
| Receivables, net | 1,950 | 1,371 |
| Contract assets | 3,674 | 3,566 |
| Inventories, net | 1,272 | 1,219 |
| Other current assets | 656 | 484 |
| Assets of business held for sale | 1,010 | 884 |
| Total current assets | 10,083 | 8,593 |
Item 1. Financial Statements (
FAQ
- What is L3Harris Technologies's contract assets?
- L3Harris Technologies (LHX) reported contract assets of $3.67B in Q2 2026.
- How has L3Harris Technologies's contract assets changed year-over-year?
- L3Harris Technologies's contract assets decreased by 4.7% year-over-year, from $3.86B to $3.67B.
- What is the long-term trend for L3Harris Technologies's contract assets?
- Over 5 years (2020 to 2025), L3Harris Technologies's contract assets has grown at a 7.9% compound annual growth rate (CAGR), from $2.44B to $3.57B.
- What does contract assets mean?
- Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.
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